JSW Steel Ltd has reaffirmed its commitment to securing raw material supply and optimizing costs by focusing on domestic coking coal production. 

As part of this strategy, the company is commissioning three coking coal mines in India to reduce reliance on expensive imported coal. 

To strengthen its position further, JSW Steel participated in the bid process initiated by Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, for the appointment of a Washery Developer & Operator at Dugda Coal Washery in Bokaro, Jharkhand.

Successful Bid for Dugda Coal Washery

On March 28, 2025, BCCL issued a Letter of Intent (LoI) to JSW Steel, officially recognising the company as the “Successful Bidder” for operating the Dugda Coal Washery. The facility has a processing capacity of 2 million tonnes per annum (MTPA) of raw coking coal. 

This strategic move will provide JSW Steel with a secured supply of 2 MTPA raw coking coal at a premium of 2.35% over BCCL’s notified price. Additionally, JSW Energy (Utkal) Limited, a consortium partner, will utilise the byproducts from the Washery at market-linked prices.

About JSW Steel Ltd

JSW Steel is primarily involved in the manufacturing and sale of iron and steel products. It serves as the flagship company of the diversified JSW Group, which is involved in other sectors such as energy, infrastructure, cement, paints, sports, and venture capital.

On April 1, 2025, JSW Steel share price opened at ₹1,063.00, almost the same as its previous close of ₹1,063.20. At 9:57 AM, the share price of JSW Steel was trading at ₹1,066.95, up by 0.35% on the NSE.

Conclusion

This initiative aligns with JSW Steel’s long-term vision of reducing dependency on imports, ensuring cost-efficient production, and securing a steady supply of raw materials. 

By acquiring and developing domestic mining and washery assets, the company aims to strengthen its operational efficiency and maintain its competitive edge in the steel industry.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

BSE Limited has informed the exchange (NSE) about a significant corporate decision taken during the Board of Directors meeting held on March 30, 2025. 

The company has approved the issue of bonus equity shares in a 2:1 ratio, subject to shareholder approval through a postal ballot. 

Post this announcement, on Tuesday, April 1, 2025, BSE share price opened at ₹5,544.00, up from its previous close of ₹5,479.80. At 9:48 AM, the share price of BSE was trading at ₹5,524.00, up by 0.81% on the NSE. As of the same time, the stock price touched its day’s high so far at ₹5,575.50. 

BSE Bonus Share Issue Details

The bonus equity shares will be issued at a ratio of 2:1, meaning that for every one fully paid-up equity share of ₹2 each held by the shareholders as on the record date, two additional shares will be granted. This move will effectively increase the total number of shares in circulation and provide shareholders with additional equity in the company without the need for further investment.

• Bonus Ratio: 2:1 (2 shares for every 1 fully paid-up share)
• Total Number of Shares: 27,46,52,718 equity shares of ₹2 each, amounting to a total value of ₹54,93,05,436
• Source of Bonus Shares: The shares will be issued from the Capital Redemption Reserves and General Reserves as of December 31, 2024.
• Record Date: The exact record date for determining eligibility will be announced in due course.

Pre- and Post-Bonus Share Capital

Before the bonus issue, the company’s share capital stood at ₹27,46,52,718, divided into 13,73,26,359 equity shares of ₹2 each. After the bonus issue, the capital will rise to ₹82,39,58,154, divided into 41,19,79,077 equity shares of ₹2 each. The total subscribed and paid-up capital will increase to ₹81,22,58,154, divided into 40,61,29,077 equity shares of ₹2 each.

• Pre-Bonus Share Capital: ₹27,46,52,718 (13,73,26,359 shares)
• Post-Bonus Share Capital: ₹82,39,58,154 (41,19,79,077 shares)

Financial Reserves for the Bonus Issue

The bonus shares will be issued using the available reserves. The capital redemption reserve is ₹0.02 crores, while the general reserve stands at ₹54.91 crores. The unaudited reserves position of BSE as of December 31, 2024, includes:

• General Reserves: ₹414.06 crores
• Retained Earnings: ₹2,141.63 crores
• Securities Premium: ₹0
• Capital Redemption Reserve: ₹0.02 crores

The company stated that the figures above are based on the unaudited financial results for the period ending December 31, 2024, reviewed by the statutory auditors.

Estimated Timeline for Credit/Dispatch

The bonus shares will be credited to eligible shareholders or dispatched within two months from the date of Board approval, i.e., on or before May 29, 2025. Shareholders can expect the bonus shares to be credited to their accounts within this period, enhancing their stake in the company.

Conclusion

This move is expected to boost shareholder confidence and further solidify BSE’s position in the market as it continues to prioritise value creation for its investors.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Sterlite Technologies Limited (STL) has successfully completed the demerger of its Global Services Business, marking a significant strategic shift. The services division will now operate under the brand name “Invenia” through the newly formed STL Networks. 

This move is aimed at creating two specialized entities, each with a sharper focus on its core business, thereby fostering accelerated growth.

Strategic Rationale Behind the Demerger

The company stated that the decision to separate the services business aligns with STL’s long-term strategy of forming highly focused and agile organisations. STL Networks will continue to expand its expertise in building large-scale digital ecosystems, particularly in India and the UK. 

Over the past decade, STL Networks has been instrumental in India’s digital infrastructure growth, deploying over 1.35 lakh km of Optical Fibre networks across 23 states. This demerger will allow both STL and STL Networks to operate independently, targeting distinct customer bases while enhancing investor value.

The newly structured businesses will benefit from dedicated leadership teams, with Rahul Puri leading STL’s Optical Networking Business and Pankaj Malik heading STL Networks. Their proven expertise is expected to ensure a smooth transition and sustained business expansion.

Future Growth and Opportunities

Post demerger, STL will continue to focus on Optical Networking, Optical Connectivity, Data Centers, and Enterprise solutions, with a strong presence across 100+ countries and 10+ global manufacturing facilities. The company remains committed to innovation with state-of-the-art products like Optical Fibre, Fibre Cable, and Optical Connectivity solutions.

STL Networks, on the other hand, will strengthen its digital infrastructure and services portfolio, catering to enterprises, telecom operators, cloud service providers, and government projects. Notably, the ₹2,600 crore BharatNet project in Jammu and Kashmir will now be part of STL Networks, reinforcing its role in large-scale digital transformation initiatives.

Sterlite Technologies Share Price Performance

On April 1, 2025, Sterlite Technologies share price (NSE: STLTECH) opened at ₹81.30, up from its previous close of ₹80.92. At 9:33 AM, the share price of Sterlite Technologies was trading at ₹83.98, up by 3.78% on the NSE.

Conclusion

The successful demerger of STL’s services business into STL Networks marks a significant milestone in the company’s growth strategy. By creating two focused entities, STL aims to drive higher profitability, operational efficiency, and investor value, positioning both businesses for long-term success in the evolving digital landscape.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bonus shares are extra shares given to existing shareholders by a company without any extra cost, based on the number of shares they already own. These shares are issued from the company’s retained earnings or free reserves and serve as a reward to shareholders while increasing the company’s equity base. 

For example, a company announces a 1:3 bonus issue. This means that for every three shares a shareholder owns, they will receive one extra share for free. If an investor holds 300 shares of the company before the bonus issue, they will receive 100 extra shares. After the bonus issue, their total holding will increase to 400 shares.

In this article, find out the stocks that are offering bonus shares in April 2025.

List of Bonus Issues in April 2025

Overview of the Company Issuing Bonus Shares in April 2025

• Capital Trade Links Ltd

Capital Trade Links primarily operates in the lending and financing sector. The company provides credit facilities to individuals and businesses in the low- to mid-range segment, offering products such as personal and secured loans. 

The company is set to issue bonus shares in a 1:1 ratio, providing one additional share for every one share held. The record date for this bonus share is April 2, 2025. 

• Ranjeet Mechatronics Ltd 

Ranjeet Mechatronics is involved in the business of valves, pumps, motors, engines and fire safety equipment & system integrator. 

The company is set to issue bonus shares in a 1:1 ratio, providing one additional share for every one share held. The record date for this bonus share is April 2, 2025. 

• Sal Automotive Ltd 

SAL Automotive is involved in the automotive (passenger and commercial vehicle) and agriculture segments. 

It is set to issue bonus shares in a 1:1 ratio, providing one additional share for every one share held. The record date for this bonus share is April 3, 2025. 

• KBC Global Ltd 

KBC Global Ltd is engaged in real estate construction, development, civil contracts (EPC), and related activities.

The company is set to issue bonus shares in a 1:1 ratio, providing one additional share for every one share held. The record date for this bonus share is April 4, 2025.

Conclusion 

Bonus shares serve as a strategic tool for companies to reward shareholders while improving liquidity and investor confidence. While they do not offer immediate monetary benefits, they increase shareholding without additional investment. Investors should evaluate a company’s financial health before considering bonus issues as a growth indicator. Additionally, other companies may announce bonus shares in April 2025, stay tuned for updates.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

On March 28, 2025, the BSE Sensex was down by 0.25%, closing at 77,414.92, while the Nifty50 fell by 0.31% at 23,519.35. Among sectors, only Nifty Media and Nifty IT ended in the red, dropping by over 1.75%.

Top Gainers of the Day

• Tata Consumer Products

Tata Consumer Products share price rose by 2.91%. The stock opened at ₹975.50 and touched its day’s high at ₹1,015.00.

• Kotak Mahindra Bank

Kotak Mahindra Bank share price increased by 2.13%. The share price opened at ₹2,139.30 and touched its day’s high at ₹2,179.90. 

• Apollo Hospitals Enterprise

Apollo Hospitals Enterprise share price gained 1.88% after opening at ₹6,492.05. The stock touched the day’s high at ₹6,649.75. 

• Oil & Natural Gas Corporation (ONGC)

ONGC share price rose by 1.29%. The share price opened at ₹243.44 and touched its day’s high at ₹254.90. ONGC invested ₹3,300 Cr in its subsidiary, ONGC Green Ltd, which further invested ₹3,152.5 Cr in ONGC NTPC Green Pvt Ltd (ONGPL). ONGPL later acquired Ayana Renewable Power, adding 4.1 GW of renewable assets.

• ICICI Bank 

ICICI Bank share price surged 0.85% after opening at ₹1,336.00. It hit a day’s high of ₹1,357.95. 

Top Losers of the Day

• IndusInd Bank

IndusInd Bank share price slipped by 3.64%. The stock opened at ₹672.00 and touched its day’s low at ₹643.50.

• Wipro

Wipro share price fell by 3.56%. The share price opened at ₹271.00 and touched its day’s low at ₹261.60. 

• Shriram Finance

Shriram Finance share price slipped 3.28%. The share price opened at ₹682.00 and touched its day’s low at ₹650.15. 

• Cipla

Cipla share price declined 2.83%. The share price opened at ₹1,475.00 and touched its day’s low at ₹1,434.45. 

• Mahindra & Mahindra (M&M)

M&M share price is down by 2.63%. The share price opened at ₹2,735.80 and touched its day’s low at ₹2,635.00.

Conclusion

Today’s top gainers and losers reflect the stock market’s dynamic nature, influenced by corporate earnings, economic data, and global trends. Investors should stay updated and analyse market movements before making investment decisions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Zensar Technologies has been selected by Tesco Insurance and Money Services (Tesco IMS) to lead a comprehensive digital transformation initiative. This collaboration aims to establish a cloud-first ecosystem, enhance scalability, and improve customer experiences.

On March 28, 2025, Zensar Technologies share price opened at ₹691.05, up from its previous close of ₹688.25. At 9:34 AM, the share price of Zensar Technologies was trading at ₹696.75, up by 1.24% on the NSE.

Partners with Tesco IMS for Digital Transformation

Zensar will modernise Tesco IMS’s infrastructure, network, application hosting services, and contact center operations. Additionally, the company will assist in the technology carve-out from Tesco Bank, following the sale of its banking operations to Barclays UK.

As Tesco IMS transitions into a standalone entity, Zensar will implement regulatory controls specific to the insurance industry and drive operational efficiencies. The modernisation efforts will simplify processes and ensure compliance with industry standards, positioning Tesco IMS for sustainable growth.

Management Commentary 

The CEO and Managing Director of Zensar Technologies, Manish Tandon, said, “Tesco Insurance and Money Services has a very exciting vision for their business, and we are delighted to have won their trust and confidence in delivering this critical transformation. As Tesco IMS undertake this complex journey, our carefully crafted target operating model underpinned by solutions relevant to Tesco IMS context will deliver a responsive, market-ready and customer-centric service”.

Robert Jamieson, Chief Information Officer, Tesco Insurance and Money Services, said, “We’re excited to be partnering with Zensar to modernise our end-end infrastructure, network and application hosting services and contact centre. This technology will help build out our new platforms and tooling across our IT infrastructure whilst refreshing Cloud and Security landscapes operated by Zensar, which will lead to a highly efficient operating model.”

He further added, “Zensar will be operating this with a focus on reliability, security and providing a class-leading service to better support our customers and colleagues with a real-time view of our technology and business systems to support our ambitious growth plans.”

Conclusion 

This partnership underscores Zensar’s expertise in cloud and digital transformation, reaffirming its role in enabling businesses to adopt future-ready technology solutions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Aster DM Healthcare Limited has reinforced its investment in Alfaone Medicals Private Limited (AMPL) through a strategic transaction aimed at strengthening its capital structure and supporting business growth. This move follows the company’s earlier agreements regarding share subscription and loan-to-equity conversion.

Loan Settlement and Capital Infusion

The latest development involves settling the remaining unpaid amount of Optionally Convertible Redeemable Preference Shares (OCRPS) issued by AMPL. The transaction will be completed in two parts: ₹23.78 crore of outstanding loans provided by Aster DM Healthcare to AMPL will be adjusted, and an additional ₹47.56 crore will be infused as fresh capital.

Formal Agreements for Compliance

To formalise this process, Aster DM Healthcare entered into a Loan Settlement Agreement and an Amended and Restated Shareholders’ Agreement on December 31, 2024. These agreements ensure compliance with financial obligations related to the OCRPS while supporting AMPL’s expansion.

Enhancing Financial Stability and Growth

With this infusion, AMPL aims to strengthen its capital base, enhance liquidity, and improve profitability. This transaction will not only reduce liabilities but also provide AMPL with the necessary funds to scale its operations and expand its service offerings.

Conclusion

The fresh capital will enable AMPL to drive long-term growth and ensure financial sustainability. Aster DM Healthcare’s continued investment highlights its commitment to supporting AMPL’s expansion while reinforcing its strategic presence in the healthcare sector. By strengthening AMPL’s financial position, this move is expected to facilitate business growth and enhance operational efficiency, further contributing to the company’s long-term success.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Hyundai Motor India Limited (HMIL) informed the stock exchanges that it has been included in multiple prominent capital market indices, reflecting its growing significance in the Indian stock market. The company commenced trading on the Indian exchanges following its listing on October 22, 2024. 

The National Stock Exchange (NSE) has added HMIL to the prestigious NIFTY Next 50 index, along with several broad market and thematic indices. Additionally, in the recent MSCI rebalancing on February 28, 2025, HMIL was the only large-cap Indian company to be included in the MSCI Global Standard Index.

Indices Under NSE and BSE

HMIL has been included in multiple indices of both the NSE and the Bombay Stock Exchange (BSE), as detailed in the table below:

Market Performance and Growth

During the calendar year 2024, HMIL recorded its highest-ever yearly domestic sales of 6,05,433 vehicles, marking the third consecutive year of achieving this milestone. This performance underscores HMIL’s strong market position and its commitment to a customer-centric approach in India.

Commenting on this accomplishment, the Managing Director of HMIL, Mr Unsoo Kim, said, “As a listed entity, we are elated to cross yet another important milestone. By becoming a part of prestigious Indian capital market indices such as the NIFTY Next 50 and S&P BSE 500, we have fortified HMIL’s standing in the Indian stock exchanges, reinforcing its market presence and credibility.” 

He further added, “As India grows, HMIL will continue to grow intrinsically with it, along with a constant focus on driving innovation, improving operational efficiencies, and making strategic investments that will strengthen our business outlook and contribute to the growth of the Indian economy.”

Hyundai Motor India Share Price Performance 

However, on March 28, 2025, Hyundai Motor India share price opened at ₹1,735.00, down from its previous close of ₹1,758.15. At 9:59 AM, the share price of Hyundai Motor India was trading at ₹1,730.25, up by 1.59% on the NSE. The stock price hit its 52-week low recently on March 18, 2025, at ₹1,551.30. The market cap of the company stood at ₹1,40,975.88 crore. 

Conclusion 

Hyundai Motor India’s inclusion in multiple key indices highlights its market presence and growth trajectory. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.